Redwood Trust prices reopening of $40M senior convertible notes [Seeking Alpha]
Redwood Trust, Inc. (RWT)
Last redwood trust, inc. earnings: 2/27 04:16 pm
Check Earnings Report
US:NYSE Investor Relations:
redwoodtrust.com/corporateprofile
Company Research
Source: Seeking Alpha
The notes will be issued as a reopening of, and will be part of the same series as, the 7.75% convertible senior notes due 2027 that the company originally issued in June 2022, of which $207.4M aggregate principal amount is currently outstanding. The offering is expected to close on October 11, 2024. Redwood ( RWT ) estimates that the net proceeds it will receive from the offering will be ~$38.2M. Net proceeds will be used to repurchase a portion of the currently outstanding 5.75% exchangeable senior notes due 2025 previously issued by one of its subsidiaries. The stock price traded marginally higher, up 1.2% on Wednesday during after hours of trade. More on Redwood Trust Redwood Trust Recently Issued 2 Notes Maturing In 2029 Redwood Trust Q2 2024 Earnings Preview Historical earnings data for Redwood Trust Dividend scorecard for Redwood Trust Recommended For You Comments More Trending News Recommended For You More Trending News
Show less
Read more
Impact Snapshot
Event Time:
RWT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RWT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RWT alerts
High impacting Redwood Trust, Inc. news events
Weekly update
A roundup of the hottest topics
RWT
News
- Redwood Trust Announces Common Dividend Increase of 5.9% to $0.18 Per Share for the Fourth Quarter 2024Business Wire
- Redwood Trust, Inc. (NYSE: RWT) had its "neutral" rating re-affirmed by analysts at JPMorgan Chase & Co.. They now have a $7.00 price target on the stock, down previously from $8.00.MarketBeat
- Redwood Trust, Inc. (NYSE: RWT) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Redwood Trust, Inc. (NYSE: RWT) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Redwood Trust, Inc. (RWT): Among the Cheap REITs with Huge Upside [Yahoo! Finance]Yahoo! Finance
RWT
Earnings
- 10/30/24 - Miss
RWT
Sec Filings
- 12/26/24 - Form 4
- 12/26/24 - Form 4
- 12/26/24 - Form 4
- RWT's page on the SEC website